Adjudication provides a quick and inexpensive solution to many disputes arising under a Construction Contract.
Although it has been available since 1998, many contractors still have not taken advantage of the benefits offered by the adjudication procedure.
What are the benefits?
It is quick – disputes are resolved in 6 – 8 weeks of the appointment of an adjudicator
It is inexpensive – adjudication is far less costly than either court proceedings or arbitration proceedings.
It is less risky than arbitration or court proceedings – unless the parties have agreed otherwise each party nears its own costs in adjudication and the losing party cannot be ordered to pay the winners costs.
It does not bring the contract to an end – work will continue on the contract whilst the adjudication proceeds so that the sib contractor is not going to lose the opportunity of completing the contract simply because he has asked an adjudicator to resolve a dispute that has arisen during the contract.
Adjudication is particularly helpful in sorting out disputes on interim applications and on final accounts.
We have acted in over 140 adjudications in the last 10 years. We are very experienced in advising on and acting in adjudications and providing our clients with the benefits of this innovative and effective dispute resolution procedure.
If you have construction dispute why not call us to discuss whether adjudication would assist you – we are happy to assess your case on a no obligation basis – 0800 107 1960.